Worker confidence slides

Texas workers expected less hiring and more layoffs in November, which sent the state’s score on the Hudson Employment Index down by 14 points since October.

The 109.1 score in the monthly confidence gauge was still the highest among the eight states studied, but it was well below the 120.1 score recorded by Texas workers in November 2006. The share of Texas workers expecting their company to add staff last month dropped to 27 percent, the smallest share in the survey’s history.

Nationally, the score, based on responses from about 9,000 workers, fell by 8.9 points to its lowest reading on record – 91.9.

Robert Morgan, president of Hudson’s talent management, said the survey shows U.S. workers worry “that job growth is going to slow significantly in the coming months.”